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Symbol Data
Symbol
Currency
CVE:WRLG
CAD
OTCMKTS:WRLGF
USD
Description
West Red Lake Gold Mines Inc are a gold focused junior, late stage developer with one mine in development in Canada and three exploration properties. They have approximately 3.2Moz. of gold in the reserves and resources category of which 1.7Moz. are in the measured and indicated category. They have a market capitalisation of ~C$155.35M which is a rise of roughly 107% over the last twelve months. As of 02/27/2024 they have ~C$15M debt and ~C$11.72M cash. They have 184M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.
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General Details
Financial
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
MCap (FD):
$75.18M
$155.35M
02/27/2024
$80.17M
Total Assets:
$11.11M
$14.65M
11/22/2023
$3.54M
Total Liabilities:
$0.55M
$18.31M
02/27/2024
$17.76M
Current Assets:
$4.44M
$11.72M
11/22/2023
$7.27M
Current Liabilities:
$0.27M
$0.26M
05/13/2023
$0.00M
Total Debt:
$0.00M
$14.65M
02/27/2024
$14.65M
Cash:
$4.44M
$11.72M
11/22/2023
$7.27M
Enterprise Value:
$70.74M
$158.28M
01/06/1975
$87.55M
Cash Flow:
$0.00M
$0.00M
never
$0.00M
Cash Flow Multiple:
0.00
0.00
never
0.00
Net Debt to Cash Flow Ratio:
n/a
n/a
never
0.00
Finance within 1 year:
05/13/2023
n/a
Misc
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Shares Outstanding:
119,000,000
184,000,000
10/03/2023
65,000,000
Shares (FD):
141,000,000
221,000,000
02/27/2024
80,000,000
Insider Ownership:
n/a
40%
02/29/2024
40%
Dividend (Annual):
n/a
n/a
never
n/a
Company Type:
Mostly Gold
Mostly Gold
never
n/a
Production ETA:
n/a
01/01/2020
05/13/2023
n/a
Production (Gold Eq Oz.):
(guess) 0
(guess) 0
05/13/2023
0
Production (Silver Eq Oz.) :
(guess) 0
(guess) 0
05/13/2023
0
Initial CapEx (Outstanding):
n/a
n/a
05/13/2023
n/a
Funding Option:
n/a
n/a
05/13/2023
n/a
Documentation:
none
none
02/29/2024
n/a
Future MCap Modifier:
0.1Developer: Likely Path to Production
0.15Developer: Strong Path to Production
11/22/2023
0
Cash Flow Multiplier:
5
8
11/22/2023
3.00
Resource Data
GOLD
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
05/13/2023
0.00M
Measured & Indicated:
17.00M
1.70M
11/22/2023
-15.30M
Inferred:
12.00M
1.50M
11/22/2023
-10.50M
Reserves & Resources:
29.00M
3.20M
never
-25.80M
P L A U S I B L E
Proven & Probable:
n/a
n/a
05/13/2023
0.00M
Measured & Indicated:
10.20M
1.02M
11/22/2023
-9.18M
Inferred:
4.50M
0.56M
11/22/2023
-3.94M
Reserves & Resources:
14.70M
1.58M
never
-13.12M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
05/13/2023
$0.00
Extra Operating Cost:
n/a
n/a
05/13/2023
$0.00
G R A D E
Underground (Avg):
n/a
n/a
05/13/2023
n/a
Open Pit (Avg):
n/a
n/a
05/13/2023
n/a
Recovery Rate:
(guess) 75.00%
(guess) 75.00%
05/13/2023
0.00%
F U T U R E
Proven & Probable:
2.00M
3.00M
09/13/2023
1.00M
Annual Production:
80,000oz.
125,000oz.
09/13/2023
45,000oz.
Cash Cost:
$1,000
$1,000
05/13/2023
$0
Extra Operating Cost:
$500
$500
05/13/2023
$0
SILVER
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
O U N C E S
T O T A L
Proven & Probable:
n/a
n/a
05/13/2023
0.00M
Measured & Indicated:
n/a
n/a
05/13/2023
0.00M
Inferred:
n/a
n/a
05/13/2023
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
P L A U S I B L E
Proven & Probable:
n/a
n/a
05/13/2023
0.00M
Measured & Indicated:
n/a
n/a
05/13/2023
0.00M
Inferred:
n/a
n/a
05/13/2023
0.00M
Reserves & Resources:
n/a
n/a
never
0.00M
C U R R E N T
Annual Production:
n/a
n/a
0oz.
Cash Cost:
n/a
n/a
05/13/2023
$0.00
Extra Operating Cost:
n/a
n/a
05/13/2023
$0.00
G R A D E
Underground (Avg):
n/a
n/a
05/13/2023
n/a
Open Pit (Avg):
n/a
n/a
05/13/2023
n/a
Recovery Rate:
n/a
n/a
05/13/2023
0.00%
F U T U R E
Proven & Probable:
n/a
n/a
05/13/2023
0.00M
Annual Production:
n/a
n/a
05/13/2023
n/a
Cash Cost:
n/a
n/a
05/13/2023
n/a
Extra Operating Cost:
n/a
n/a
05/13/2023
n/a
Property
Last Analysis Data (05/13/2023)
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Ontario , Canada
Madsen
100% (guess)
4,700
Underground
show
2M oz deposit at 6 gpt.
Mill
Ready to restart production.
Exploration
Red Lake , Canada
Mount Jamie
100% (guess)
n/a
n/a
show
Early exploration
Exploration
Red Lake , Canada
Red Summit
100% (guess)
n/a
n/a
show
Early exploration
Exploration
Red Lake , Canada
Rowan
69%
3,100
n/a
show
First 43-101 coming in 2014. They are hoping to find at least 2 million oz. The maiden 43-101 will likely be less than 1 million.
Total Land Package Size (ha):
7,800
Current Data
Stage
Location
Name
Owned
Size (Ha)
Type
Au
Ag
Cu
Notes
Development
Ontario , Canada
Madsen
100% (guess)
4,700
Underground
show
2M oz deposit at 6 gpt.
Mill
Ready to restart production.
Exploration
Red Lake , Canada
Mount Jamie
100% (guess)
n/a
n/a
show
Early exploration
Exploration
Red Lake , Canada
Red Summit
100% (guess)
n/a
n/a
show
Early exploration
Exploration
Red Lake , Canada
Rowan
100%
3,100
n/a
show
First 43-101 coming in 2014. They are hoping to find at least 2 million oz. The maiden 43-101 will likely be less than 1 million.
Total Land Package Size (ha):
7,800
Profitability (by resource)
Proven & Probable
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
n/a
n/a
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
n/a
n/a
n/a
0.00M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
0.00M
P L A U S I B L E
Gold Eq. Oz.:
n/a
n/a
n/a
0.00M
Silver Eq. Oz.:
n/a
n/a
n/a
0.00M
Maximum Profit (Gold):
n/a
n/a
n/a
$0.00M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
n/a
n/a
n/a
$0.00M
Max Profit / Current MCap:
n/a
n/a
n/a
0.000
Max Profit Per Share (Gold):
n/a
n/a
n/a
$0.00
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
n/a
n/a
n/a
$0.00
Total Free Profit Per Share:
n/a
n/a
n/a
$0.00
FD MCap / Gold Eq.:
n/a
n/a
n/a
$0.00
FD MCap / Silver Eq.:
n/a
n/a
n/a
$0.00
FD MCap / Per Metal as % Spot Price:
n/a
n/a
n/a
0.00%
Measured & Indicated
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
17.00M
1.70M
n/a
-15.30M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-1,283.38M
P L A U S I B L E
Gold Eq. Oz.:
10.20M
1.02M
n/a
-9.18M
Silver Eq. Oz.:
n/a
n/a
n/a
-770.03M
Maximum Profit (Gold):
$5,207.10M
$851.09M
n/a
$-4,356.01M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$5,207.10M
$851.09M
n/a
$-4,356.01M
Max Profit / Current MCap:
69.260
5.478
n/a
-63.782
Max Profit Per Share (Gold):
$36.93
$3.85
n/a
$-33.08
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$36.93
$3.85
n/a
$-33.08
Total Free Profit Per Share:
$36.21
$2.89
n/a
$-33.32
FD MCap / Gold Eq.:
$7.37
$152.31
n/a
$144.94
FD MCap / Silver Eq.:
$0.09
$1.79
n/a
$1.70
FD MCap / Per Metal as % Spot Price:
0.37%
6.52%
n/a
6.16%
Reserves & Resources
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Percentage Gold:
100.00%
100.00%
n/a
0.00%
Percentage Silver:
n/a
n/a
n/a
0.00%
Total (Gold Eq. Oz.):
29.00M
3.20M
n/a
-25.80M
Total (Silver Eq. Oz.):
n/a
n/a
n/a
-2,163.73M
P L A U S I B L E
Gold Eq. Oz.:
14.70M
1.58M
n/a
-13.12M
Silver Eq. Oz.:
n/a
n/a
n/a
-1,100.16M
Maximum Profit (Gold):
$7,504.35M
$1,320.44M
n/a
$-6,183.91M
Maximum Profit (Silver):
n/a
n/a
n/a
$0.00M
Total Maximum Profit:
$7,504.35M
$1,320.44M
n/a
$-6,183.91M
Max Profit / Current MCap:
99.816
8.500
n/a
-91.317
Max Profit Per Share (Gold):
$53.22
$5.97
n/a
$-47.25
Max Profit Per Share (Silver):
n/a
n/a
n/a
$0.00
Total Max Profit Per Share:
$53.22
$5.97
n/a
$-47.25
Total Free Profit Per Share:
$52.50
$5.01
n/a
$-47.49
FD MCap / Gold Eq.:
$5.11
$98.17
n/a
$93.06
FD MCap / Silver Eq.:
$0.06
$1.15
n/a
$1.09
FD MCap / Per Metal as % Spot Price:
0.25%
4.21%
n/a
3.95%
Future Valuation (Cash Flow & Totals)
Defaults
Defaults
05/13/2023 Last Analysis Data
Current Data
Change
Item
Value
Value
Updated
Value
Exchange Rates:
CAD 0.7406
CAD 0.7323
04/28/2024
Spot Gold:
$2,010.50
$2,334.40
04/28/2024
$323.90
Spot Silver:
$23.93
$27.39
04/28/2024
$3.46
Gold:Silver Ratio:
84.02
85.23
04/28/2024
1.21
Spot Gold (Future):
$3,000.00
$3,000.00
$0.00
Spot Silver (Future):
$100.00
$100.00
$0.00
Gold:Silver Ratio (Future):
30.00
30.00
0.00
Gold Avg. Recovery Rate:
75.00%
75.00%
0.00%
Silver Avg. Recovery Rate:
75.00%
75.00%
0.00%
Plausibility of P & P:
100.00%
100.00%
0.00%
Plausibility of M & I:
80.00%
80.00%
0.00%
Plausibility of Inferred:
50.00%
50.00%
0.00%
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